MPs vetting peer’s appointment as chair of media regulator raise impartiality and business concerns
to the Duchess of York of more than £500,000. The high court was told this included a loan to her personally of about £288,000. Grade was forced to appear in court in person after lawyers for Gate Ventures quit at short notice over payment concerns.fined by the Financial Services AuthorityOne industry insider with knowledge of Ofcom’s day-to-day workings said that the chair’s role was one that required a great deal of time on legal issues, to which Grade was not suited.
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